OPF:EKNAECR Economy policy of the Czech Re - Course Information

EKNAECR Economy policy of the Czech Republic

Extent and Intensity

2/1/0. 4 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Eva Kotlánová, Ph.D. (lecturer)
Ing. Tomáš Verner (lecturer)
Ing. Tomáš Verner (seminar tutor)

Guaranteed by

Ing. Eva Kotlánová, Ph.D.
Departament of Economics and Public Administration – School of Business Administration in Karvina

Prerequisites

The completion of the course does not require any conditions and subject can be registered independently of other subjects.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Banking (programme OPF, N_HOSPOL)
• Economy of Enterprise in Trade and Services (programme OPF, N_EKOMAN)

Course objectives

The goal of the course is to acquaint students with the economic policy of the Czech Republic since the end of the 80th years to the present. In this course, students will be given an insight into the economic reality of Czechoslovakia before 1989 and they will be familiarized with the nature of the central planned economies and its application in Czechoslovakia after Second World War, including the positives end negatives, as well as with the reform efforts of the then Czechoslovakia and its neighbouring countries - Poland and Hungary. Considerable attention will be paid to transition processes in the economy, both in general terms and in specific Czech (Czechoslovak) terms and successes and failures of Czech economy during its transition from a centrally planned economy to a market economy will be widely discussed. Attention will be also paid to the further development of the Czech economy after transition to a market economy, which was completed by the adoption of the Czech Republic to the EU. The current economic situation in the Czech Republic will be also discussed. The focus is to deepen students' knowledge of Czech life and institutions. On this basis, within the framework of seminars, the discussion on existing or possible future development of the Czech economy, as well as its advantage and disadvantage and reform efforts, should develop.

Syllabus

• 1. Centrally planned economy and the situation of the Czech Republic before 1989
  2. Transformation strategy
  3. The basic steps of the transformation process in the Czech Republic and its macroeconomic characteristics
  4. Privatization in the Czech Republic
  5. Institutional Environment in the Czech Republic
  6. Fiscal Policy of the Czech Republic
  7. Monetary Policy of the Czech Republic
  8. External economic policy of the Czech Republic
  9. The development of the Czech economy in 1997
  10. The development of the macroeconomic situation in the Czech Republic
  11. Current problems of the Czech economy
  12. Selected characteristics of the Slovak economy
  13. Evaluation of the effectiveness of economic policy of the Czech Republic

Literature

required literature
• ACECOLLA, N. Economic Policy in the Age of Globalisation. Cambridge: Cambridge University Press, 2005. ISBN 9780521540384. info
• SOJKA, M. Economic and social changes in Czech society after 1989-an alternative view. Prague: The Karolinum Press, 2000. ISBN 80-246-0103-6. info
• ATKINSON, B., BAKER, P., MILWARD, B. Economic Policy. PalgraveMcMillan, 1996. ISBN 9780333650479. info
• NUTI, D. M., PORTES, R. et al. Economic transformation in Central Europe. London: Centre for Economic Policy Research, 1993. ISBN 92-826-5680-2. info

recommended literature
• ASLUND, A. How capitalism was built: the transformation of Central and Eastern Europe, Russia, and Central Asia. Cambridge: Cambridge University Press, 2007. ISBN 978-0-521-68382-1. info
• DILLON, P., WYKOFF, F. C. Creating Capitalism: transitions and growth in post-soviet Europe. Cheltenham: Edward Elgar, 2002. ISBN 1-84064-733-7. info
• PERSSON, T., TABELLINI, G. Political Economics: Explaining Economic Policy. The MIT Press, 2002. ISBN 0-262-16195-8. info

Teaching methods

Skills demonstration
Seminar classes

Assessment methods

Grade

Language of instruction

English

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

Attendance in seminars 60 %. Write a seminar paper on agreed topic and defence of the seminar paper. Pass the on-going test and an oral exam.
Additional tasks: research and study of the literature related to the given issue.

Activity	Difficulty [h]
Ostatní studijní zátěž	41
Přednáška	26
Seminář	13
Zkouška	40
Summary	120

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